Institutional Manager · CIK 0002066080
Independence Financial Advisors, LLC
FRANKLIN, NH · File #028-25545
Latest AUM
$363.8M
Positions
55
Top-10 Concentration
60.1%
Filings
4
Portfolio Value Over Time
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| ADD | FIDELITY COVINGTON TRUST | 31609A305 | +535,968 | +$22.3M | +$449,360 |
| ADD | FIDELITY COVINGTON TRUST | 31609A107 | +32,828 | +$1.1M | +$1.0M |
| ADD | JPMORGAN CHASE & CO. | VYLD | +3,451 | +$1.1M | +$5,670 |
| ADD | ISHARES TR | 464287242 | +7,621 | +$839,756 | -$214,701 |
| ADD | ISHARES TR | 464288661 | +6,599 | +$787,593 | -$24,381 |
| ADD | ISHARES TR | 464287440 | +8,071 | +$776,109 | -$57,401 |
| ADD | ISHARES TR | 46435G474 | +24,779 | +$676,466 | -$216,620 |
| ADD | FIDELITY COVINGTON TRUST | 316092840 | +9,764 | +$553,522 | +$279,698 |
| ADD | FIDELITY COVINGTON TRUST | 316092808 | +2,284 | +$513,148 | +$195,131 |
| ADD | ISHARES TR | 46435G102 | +5,051 | +$497,523 | -$183,331 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202555 pos · $363.8M
- 13F HOLDINGS REPORTQ/E Sep 202553 pos · $328.3M
- 13F HOLDINGS REPORTQ/E Jun 202551 pos · $257.1M
- 13F HOLDINGS REPORTQ/E Mar 202547 pos · $263.0M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | FIDELITY COVINGTON TRUST | 31609A305 | 1,310,736 | $54.7M | 15.07% |
| 2 | FIDELITY COVINGTON TRUST | 31609A107 | 949,124 | $32.9M | 9.07% |
| 3 | ISHARES TR | 464287242 | 175,327 | $19.3M | 5.33% |
| 4 | ISHARES TR | 464287440 | 199,635 | $19.2M | 5.29% |
| 5 | ISHARES TR | 464288661 | 159,512 | $19.0M | 5.25% |
| 6 | FIDELITY COVINGTON TRUST | 316092808 | 80,319 | $18.0M | 4.97% |
| 7 | FIDELITY COVINGTON TRUST | 316092840 | 295,150 | $16.7M | 4.61% |
| 8 | ISHARES TR | 464287176 | 118,619 | $13.0M | 3.59% |
| 9 | ISHARES TR | 46435G474 | 476,028 | $13.0M | 3.58% |
| 10 | ISHARES TR | 464287663 | 118,715 | $12.2M | 3.36% |
| 11 | ISHARES TR | 46435G102 | 123,306 | $12.1M | 3.35% |
| 12 | FIDELITY COVINGTON TRUST | 316092873 | 164,639 | $12.1M | 3.33% |
| 13 | FIDELITY COVINGTON TRUST | 316092501 | 150,957 | $11.7M | 3.24% |
| 14 | FIDELITY COVINGTON TRUST | 316092709 | 136,703 | $11.3M | 3.11% |
| 15 | FIDELITY COVINGTON TRUST | 31609A404 | 307,371 | $11.2M | 3.10% |
| 16 | FIDELITY COVINGTON TRUST | 316092865 | 200,094 | $11.0M | 3.05% |
| 17 | ISHARES TR | 464287671 | 64,448 | $10.8M | 2.98% |
| 18 | ISHARES TR | 46432F859 | 154,024 | $7.5M | 2.07% |
| 19 | ISHARES TR | 464287457 | 88,449 | $7.3M | 2.02% |
| 20 | ISHARES TR | 464287606 | 65,970 | $6.4M | 1.76% |